Kaduna State to hold Economic and Investment Summit In April

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Kaduna State to hold Economic and Investment Summit In April

Kaduna State to hold Economic and Investment Summit In April

The Executive Secretary of Kaduna Investment Promotion Agency, KADIPA, Umma Aboki, has stated that the Kaduna Economic and Investment Summit (KADInvest 4.0), will hold on the 3rd to 4th of April 2019.

Mr Aboki while speaking at a news conference in Kaduna, he said that KADInvest 4.0 is an annual platform for showcasing the rich investment opportunities Kaduna State offers across many sectors of the economy said Alhaji Aliko Dangote will be the keynote speaker.

She stated that since the first edition that was done in 2016, KADInvest has helped Kaduna State to create a reputation for ease of doing business and position itself as a welcoming home for investors in agriculture, tractor assembly, solar power and mass housing.

Aboki made it known that the World Bank’s Doing Business Report 2018 ranked Kaduna State as number one for ease of doing Business, further stating that the mark was achieved via policy and legislation that removed encumbrances to business and fast-tracked approval and licensing processes.

He said: “The agencies of Kaduna State Government are committed to the ease of business Charter at KADInvest 2.0, and they have kept commitments for the benefit of our investors and the people of our state. The Tax Codification and Consolidation Law which was passed in the year 2015 blocked the danger of multiple taxation or harassment of businesses by different agencies”.

“Rather, the law made a list of all taxes and levies payable in the state in one document and created the Kaduna State Internal Revenue Service (KADIRS) as the only collector of Revenues. The state government also created the Kaduna Geographic Information Service (KADGIS) to build and run a digital land registry for the state, among other initiatives.

“”Most investors have taken note of that. The Olam Poultry and Feedmill project is a very clear example of the $500m investments that have been attracted to the state since 2015. GB Foods and Tomato Jos are actively developing their tomato projects”

“Blue Camel is showing the possibilities of solar energy and training our youths in the skills that sector requires, while Mahindra is putting together tractors in our state.

KADInvest is key to the government’s strategy of investments and jobs.

 

 

Kaduna State to hold Economic and Investment Summit In April

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